Short-term savings

The priority of a short-term savings is that we used to meet contingencies.

These are some of the contingencies to which a person has to face: a gift for a wedding we did not wait, buy a major appliance because we crashed, medical expenses, pour into our home, unexpected rise in car insurance , etc ...

Although generally short-term savings used to save these little unexpected, it is true that in the short term, any person may lose their jobs, causing a lack of income and saving our general plan is impossible to continue .

Therefore, it is advisable to have some money saved for a short period equivalent to 2 or 3 rolls. Why?

Discipline. The key to create wealth

When I say discipline, I mean that the most important thing to save is to do consistently, so it is important that we consider as something aside each month / year for future expenses. It does not work to pay mortgage, loan, buying clothes / food, school expenses, dining out, vacations and then, if spare, save. NO, first turn away a lot of my monthly income and then come the bills.

The reason for doing it this way is because to be able to save, it needs to be regular and constant.